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different country, we are living in a very different environment where it is no longer patriotism and love and family, it is not terrorists and hate. we have toounderstand that. we have to say we are in fact committed to our liberties and freedom, but you know, the people also deserve to be safe in their neighborhoods and homes. melissa: you think we have to figure out what to do from here, how to live differently, what should have been the indifferently for something like this not happen? >> we have many students in boston. they get here on a student visa from countries all across the world and we are happy about that but once they get here they don't return. many of them don't return and they stay here for 6 years, they marry and become permanent citizens and we don't know if these two young men from chechnya, i know what that places like. i have seen violence in belfast and all these places where i have been, as a diplomat and an ambassador. the other thing is i always -- at the marathon and walking up the street and saw hundreds and hundreds of young people walking around with backpack
of exchanges going on right now. forward to a post 2013 environment, to you believe these multibillion-dollar payments will continue regardless of their being an american presence or nato troop presence in afghanistan? maintaineve we need to a constructive and effective relationship with pakistan. we need to recognize the real threat that pakistan has inside of its own borders. from my perspective we have to do whatever it takes to ensure that our national vital interests is protected. >> one of the things i am always looking into that aid is whether or not it does serve the military. you are saying we need to do whatever it takes to continue that relationship. are you saying that payments of that size and nature are going to be what is required in the long run? >> i believe it is in our best interest to continue to develop the pakistani army in ensuring that they can effectively deal issues in their borders. i cannot tell you that every program we have in place is one we ought to assisting in the future. that is not something i paying particular attention to in my current duties. i am
police department in the world, something i'm very proud of. but it's a complex environment. 8.4 million people. we wanted to know more about the neighborhoods that we were policing. that's the report that we did. the so-called demographics unit since change theed name, but that's what you're reporting about. it was never put in place to generate leads. it was put in place for us to have contextual information. people will say you have people not generating leads. but we generate leads in other ways, but not from that particular unit. >> how important is it it to have the cooperation of the muslim community? because one thing i'm struck by, it is citizens who report things. so the time square bomber, the police was a block away but it was a local vender who tips you off. in this case, it it appears that this guy who got his legs blown off said i want to tell you something. i saw this guy dropping a bag off. so is it important to have a cooperative relationship between a police department and these communities that you're looking at? >> sure. and we have a strong working relationship with
store and there are issues i have about consumer protection in that environment. while i appreciate, it is a concept that could work, we need strategies that are going to take into consideration varying factors and that the goal here, and in addition to being able to be in the black, is that, you have a public service and we have to serve these con at this time cents. i would really encourage you with your leadership on the board of governors to really think about ways that are going to be unique, more than just flexibility to get there. that you're looking at quality, connectivity, those relationships, the rural fabric in these states, related to the post office. when i was in inaing the postal service was a very effective partner in receiving those constituents, thank you. i yield back. >> thank you. and recognize the gentleman from mr. georgia. >> thank you, mr. chairman. just in listening and writing down notes, we went all over the map from the importance of postal service. i don't think anybody will detract from that. we talked before. you been in committees before. i serve an
and the potential for further government spending cuts and the regulatory environment. >>> and listen up, everybody.it looks like fed chairman ben bernanke, he's going to to the annual jackson hole symposium this week. it may not sound like a big deal, but this is the first time he's marked that event since 2006. reuters quote the spokes woman who says bernanke is not planning on attending because of a personal scheduling conarthritic. they've used this forum to try ask preview important fed actions. just about every big move they've made along the way he has made public at jackson hole. people have been wondering if he was going to talk about a potential successor this time around. >> can i give you a conspiracy theory? if this is -- this is like your place. if you run the fed, you go to this thing, right? and if this was going to be the last time you could go as the fed chairman, if you thought that he was going to be stepping down next fall or next spring, rather, you probably would find a way to show up. >> actually, i look ate more as him having not made up his mind yet. if you haven't decide
a temporary file restriction over a section of the boston area to provide a safer environment for law enforcement activities. logan airport remains open under heightened security. most flights departing and arriving on schedule. greyhound bus service has been suspended. dagen: thank you so much. it is not just boston. this will be felt in the northeast. thank you so much. connell: a briefing any moment from local authorities. you will see it live. you will keep you up-to-date as we have been on what is happening in the markets throughout the day. mike baker joins us on the telephone right now. former cia covert operations officer and president these days of his own intelligence firm that he is a part of. one suspected terrorists has been killed. another is still at large just outside of the big american city. what stands out to you? >> well, i mean, so much for disgruntled tax filers irresponsible for your will attack. you know, this opens a single to all sorts of investigations. right now obviously there is a major effort not just ride on the ground in the immediate boston regional a
environment for the exercise of civil liberties. this includes the measures with respect to registration of ngos as foreign agents but also restrictions on press and internet freedom act. so we've made clear our commitment to dialogue on human rights with the russian government, but we also remain actually committed to open dialogue with civil society and supporting their efforts. >> can i do a follow-up on that? i just wanted, i mean, the u.s. government has talked a lot about, concern about human rights abuses in chechnya. and i just wonder if you think the events in boston are going to change in any way the way the government will see human rights in chechnya? >> with respect to the ongoing investigationnbston, i just etars, that would be highly inappropriate to make further comment at this time. with respect to the situation in the northern caucasus, i can tell you this has been part of our human rights reporting. on russia and our country reports since 1995 you'll find quite a bit of information in this year's report. and they know serious human rights abuses taking place, and acts
with our reduced output so the faith is still there, that it's well run in a bad macro economic environment which comes back to mcdonald's which you have a note out today from sus can dehanna which says it is executing across the world and it is stable in its market share or gaining and it is against it. that seems to be the major theme. >> another theme that's sort of emerged in these big companies, citigroup, as well is the strength of the latin american consumer and the latin american corporation. caterpillar noting that lshg, even though china continues to be weak and there seems to be a shift from asia pacific to latin america coming from these multinationals. >> resuming the buyback does not hurt by the end of the year. it had approved for a while in '07. >> and that might be taking some of the sting out of this today. >> when we come back, yet another price target cut for apple ahead of its earnings and this time from bmo. colin gilles over at bgc is upgrading the stock this morning. which one is right? we'll hear from both analysts this morning. the dow coming off its worst week sin
of the slow to modest growth environment. interest rates we think will stay pretty low. that overall is a reasonably attractive back drop for companies to deliver okay earnings growth. and so we can take earnings disappointments as long as it's minor. but as you say, it is a gdp and an earnings cliff, then we return to late '07/'08 type markets. we don't think it's going to happen, though. >> jonathan, it's ross here. what would you describe as okay earnings growth? >> well, i mean, okay in the context of the last six to nine months has been earnings estimates coming down week after week after week after week. the aggregate impact of that, though, is that european earnings growth expectations for 2012, remember those numbers are not finalized until we see the full years coming in the first part of this year. analyst expectations started last year around plus 10% and then our minus 3%. that's quite a big shift down when you put that into context of what we saw in 2008 where the earnings estimates went from plus 20 to minus 50%. so we've really seen in the context of previously earning
, will probably be here working well past the year 2050 and probably, in today's environment, past the year 2060. our current retirement model is designed to give an employee a defined pension after a long career and it's a model that made a lot of sense in the 19 40's and 1950's but is not going to be appropriate for the 20 40's and the 20 50's. our world is becoming far so dynamic to make promises about pensions 40 and 50 years down the road. the benefit of a defined contribution system is that it gives employees options to consider. if job changes are possible, why hold people to benefits that they may not be able to use for 50 years? e're currently on a trajectory to hit about 400,000 career employees by the year 2017 and that's with all the changes we propose, the six to five day and the network changes as we shrink down. and after we reach that number, it's going to give us a pretty lean work force. we have a pretty lean work force right now from the standpoint of the network and the six-day delivery. but after that we will start hiring people. we estimate between 2017 and 2027, depending
is deeply troubling in an increasingly restrictive environment of civil liberties. this includes the measures with respect to registration as foreign agents and also restrictions on press and internet freedom. we made clear with human dialogue but we remain committed to open dialogue with civil seent supporting their efforts. >> i do a follow-up on that? >> sure. >> in the past -- i think the u.s. government has talked a lot about their concern of human rights abuse in chechnya. i'm wondering if you think the events in boston are going to change the way the government would see human rights in chechnya? >> with respect to the ongoing investigation in boston, i have to reiterate the secretary's comment that it would be highly norptse to make comments at this time. i can tell you this has been part of our human rights reporting on russia since 1995. you will find quite a bit of information on this year's report and they note serious human rights abuses taking place and human rights violations committed by authorities and militants. >> this is going to be the last question. >> you m
chemicals that poison our water... and harm wildlife. and millions... are polluting our environment. [ sniffing ] [ seagulls squawking ] >>> row, row, row your boat. a live look there at crew. wow, they are really going this morning. yeah, it's going to be a warm day. find some water if you can. >> five snow boarders have died in what officials are calling colorado's deadliest avalanche in five decades. it happened yesterday afternoon near loveland pass about 50 miles west of denver. authorities say six snowboarders were on the almost 12,000 foot high pass when all of a sudden the snow gave way. >> they triggered a slide. at least one of them was able to bail off to the side and partially buried, but he was able to get himself out and call for help. >> authorities say the avalanche was about 600 feet wide and 8 feet deep. right now, authorities say the avalanche danger in colorado is at a 30 year high due to a lack of snow. >>> some people in the town of west, texas, are being allowed back into their homes for the first time since that deadly fertilizer explosion. a curfew is sti
easily to $2 billion in savings. $4.5 billion and will be spent a day to operate in that environment. when in fact you cannot go on the street with the exception of the package delivery, which will be done with dynamic routing, with a lower-cost employee, whether in the rural craft or city craft and allow us to provide that service at a lower acroscost. that is all money that can come out of the system. if calculated in what we think is the revenue loss, and we have talked to customers to validate that. we are terms of that. that we clear something up. people say it is only $2 billion out of $20 billion. if we had it this year we would break even. this year we will lose $1.7 billion on the operating line. as revenue,-costs, with the exception of a worker's comp costs and pre funding. we would make money if we made the six to five move at the beginning of this year. what happens with a $20 billion of that gap exists when you do nothing over a five-year period, and with inflation that continues to grow. when people say it is only 10% of the cost differential, it is not, it would make u
Search Results 0 to 13 of about 14 (some duplicates have been removed)